Canon Europa Signs Agreement With EFI to Sell Its Innovative Range of Velocity Workflow Solutions.Business Editors/High-Tech Writers FOSTER CITY, Calif.--(BUSINESS WIRE)--Dec. 5, 2001 Canon Europa has completed an agreement with Electronics For Imaging (EFI See UEFI. EFI - Extensible Firmware Interface (R)) (Nasdaq:EFII EFII Electronics for Imaging Inc (Foster City, CA) ) to sell its innovative new range of Velocity Balance(TM) workflow software, providing Canon with a mid-to-high volume workflow solution. Using Dynamic PPD (1) (Parallel Presence Detect) The method used by earlier SIMM memory modules to communicate their capacity to the computer. A binary number coming from a parallel set of pins was read by the system, with each pin representing one bit. Contrast with SPD. technology, Velocity Balance 2.0 software self-configures to distribute print jobs among up to 10 print engines, automatically redirecting work when a printer error occurs or splitting jobs between color and black and white printers. Printers of varying speeds can easily be linked as the Dynamic PPD technology supports a wide range of devices driven by EFI controller technology. Additional new features include color matching across different engines and job submission through hot folders. "The Velocity workflow software offers a range of flexible options that will enhance the efficiency and productivity of our customers' printing processes," commented Petteri Koli, General Manager for Solution Business Marketing at Canon Europa. "Through our close relationship with EFI, we have taken on Velocity as our mid-to-high end workflow solution provider, which will enable us to fulfill the ever increasing demands of our customers to offer a total print solution." Canon Europa will also offer EFI's three additional Velocity workflow modules -- Velocity Scan(TM), Velocity Build(TM) and Velocity Estimate(TM) -- which enhance productivity and efficiency in other print workflow processes from scanning of paper originals to document preparation and job costing Job versus Process Costing Job costing (also called job order costing) is a fundamental part of managerial accounting. It differs from Process costing in that the flow of costs is traced by job instead of by process. capabilities. "The development of our Velocity Workflow Solutions has been in response to the changing print environment and the increasing demand for improvements in efficiency and productivity," added Stephen Dubois, European Managing Director, EFI. "We are delighted that we can assist Canon Europa in providing solutions that will meet the needs of its customers." Notes to Editors Velocity Scan enables production scanning of paper originals directly into the Velocity system, offering black and white and colour TWAIN (Technology Without An Interesting Name) A programming interface that lets a graphics application, such as an image editing program or desktop publishing program, activate a scanner, frame grabber or other image-capturing device. scanners support, simplex/duplex scanning, black and white de-speckle and de-skewing and image rotation and masking. Velocity Build allows users to better prepare their documents for printing through preview, edit and merge functions. It also offers automated and advanced imposition functions and includes extensive PDF (Portable Document Format) The de facto standard for document publishing from Adobe. On the Web, there are countless brochures, data sheets, white papers and technical manuals in the PDF format. late editing tools and full PDF pre-flighting. Velocity Estimate allows print shop managers to produce quick and accurate customer quotations. Features include job costing, determining the best printer for the job, quick job estimation and turnaround, and a quotation log for convenient later retrieval. About Canon Europa Canon is a world-leading innovator and provider of imaging and information technology solutions for individuals and businesses. A subsidiary of Canon Inc. of Japan, Canon Europa is the operational headquarters for Canon in Europe and is based in Amstelveen, the Netherlands. Canon Europa supports the activities of the entire Canon in Europe organisation, including all the national sales organisations based in countries throughout Europe. The main focus for Canon in Europe business activity is in two clearly defined markets: Business Solutions (network peripherals: photocopy, printer, scanner and fax solutions) and Consumer Imaging (Input solutions: photography, video and digital camera; and Output solutions: Bubble Jet Printers Noun 1. bubble jet printer - a kind of ink-jet printer bubble-jet printer, bubblejet ink-jet printer - a printer that produces characters by projecting electrically charged droplets of ink ). Canon Europa employs almost 500 people in Amsterdam. Further information about Canon Europa is available at: www.canon-europa.com. About Electronics For Imaging Electronics For Imaging (www.efi.com) is the world leader in software and hardware imaging solutions for network printing. Our industry-leading technology offers customers powerful document management tools, seamless networking, high fidelity high fidelity n. The electronic reproduction of sound, especially from broadcast or recorded sources, with minimal distortion. high color and black-and-white output, and greater productivity and cost efficiency. With a global network of OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and relationships, EFI products support a broad range of printers, copiers and multifunction devices. EFI has pioneered many innovative and award-winning imaging solutions, including the Fiery(R), EDOX(R) and Splash(TM) brands of print controllers, Velocity(TM) workflow software, eBeam(R) Web-enabled whiteboards, and PrintMe Networks An Internet service from Electronics for Imaging, Foster City, CA (www.efi.com) with support from Adobe and others that allows mobile workers to send documents to the nearest printer in locations such as hotels, print shops and airline terminals. (TM) which enables anytime, anywhere printing. The company employs more than 900 people and maintains 22 offices worldwide. Statements contained in this press release, which are not historical facts, are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. subject to risks and uncertainties as discussed more fully in EFI's filings with the SEC, including their most recent Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and Form 10-Q Form 10-Q See 10-Q. . Note to Editors: EFI, Fiery, EDOX and eBeam are registered trademarks of Electronics For Imaging, Inc. in the U.S. Patent and Trademark Office and certain other foreign jurisdictions. Splash, Velocity, Velocity Build, Velocity Balance, Velocity Estimate, Velocity Scan and PrintMe Networks are trademarks of Electronics for Imaging. |
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